Qatar Cement reports QR420.3m net profit in 2014

Qatar National Cement Company reported on Thursday its financial statements for the year ended December 31, 2014, revealing a net profit of QR 420.3 Million in 2014 compared to QR 433.3 Million in 2013 and the Earnings per Share (EPS) amounted to QR 8.56 in 2014 compared to QR 8.82 in 2013.
A press statement posted on Qatar Exchange website said that the company's Board of Directors proposed a distribution of QR 4 per share (40% of the nominal value of the share) and a distribution of 10% bonus shares, adding that the company's annual general assembly will be held on 17 March 2015.